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20131202
20131210
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CNBC 2
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CNBC
Dec 2, 2013 7:00pm EST
. but you look at the numbers here, the u.n. study, extreme poverty has fallen 43% in the last 20 years. the world bank, extreme poverty has fallen by about 25% in the last 30 years. 163% increase in world growth among the developing countries. in other words, that part of the equation is working. what's not working, michael miller, and this is my -- what's not working is the move to secularism. we're moving away from morality and spiritualism and religiousty. that's what pope john paul ii and pope benedict talked about. why is francis not harping on that? >> i think he is. this is a key point. let's not try to spin francis and say he's pro-capitalist because he surely isn't. part of this is he grew up in argentina where his experience of capitalism is crony capitalism, big business, big government, big interest groups all working together. and really excluding the poor. but i think if you look at his document, he's talking about consumerism. he's talking about really the underlying problems that, look, i'm a free marketer like you, larry. but we can agree that a free market perfectly r
CNBC
Dec 9, 2013 4:00am EST
past the using fuel crops for fuel has got to have negative impacts. the u.n. estimates 815 million people suffering from under nourishment. what i think the commission are overlooking or don't give enough weight to is undernourishment is tragedies of poverty and politics. the food they cannot afford to buy and nobody is using is used for christmas biscuits or shampoo or fuel is of no consulation to them. secondly, the crops used for fuel were developed and grown in conjunction with the demand for those fuel crops. if the bio fuels industry was decommissioned -- >> we wouldn't necessarily grow anymore crops for food. >> exactly. exactly. a final point would be that bio fuels existence globally on all continents provides a strategic fuel reserve for the world in the event of and possibly with the expectations of future climatic events of greater and greater scale the world will be very pleased that there exists an industry that the feed stocks are being used and have the correct logistic call capacities and employment capacities globally to redirect. >> what's the -- is there a break
Search Results 0 to 1 of about 2